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Does Giving An Allowance Send the Wrong Message?

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July 01, 2009

When do you start teaching your kids about money? For many of us, our first taste of what money was about came in the form of an allowance from our parents. We washed the dishes, cut the lawn, cleaned our rooms and more. But some people believe those are mandatory chores that should not be rewarded with money. Where do you stand?

 

Guest contributor Kierna Mayo joins our Momversation with Alice Bradley who asks the question, Can giving an allowance be a bad thing?  Join the Momversation by commenting in text or video.

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Sending Kids The Right Money Message

Our recent episode "Does Giving An Allowance Send the Wrong Message" had some great replies and thoughts to how we teach our children about money.  Jo Anna had a good point by saying "As parents we tend to just give, give, give, and give some more. And yes, many of us try to tie that to chores or good grades or good behavior or special…

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